Kreate Group Plc · OMXHEX:KREATE
Kreate — Q3 2026 Earnings Presentation
17 slides from Kreate's earnings presentation, Oct 26, 2026
Slide 1: Revenue and Earnings at Record Levels – EBITA Margin Rose to 6.2%
REVENUE AND EARNINGS AT RECORD LEVELS – EBITA MARGIN ROSE TO 6.2% MIKKO LAINE, GROUP CFO 26.10.2026 KREATE GROUP OYJ / INTERIM REPORT JANUARY-SEPTEMBER 2026
Slide 2: Strategic Profitability Target Achieved
STRATEGIC PROFITABILITY TARGET ACHIEVED ▪ Q3 was a record-breaking quarter ▪ Revenue exceeded EUR 200 million for the first time ▪ EBITA margin increased to 6.2% ▪ Quarterly EBITA of over EUR 10 million, more than our full-year EBITA for 2025 ▪ Order backlog remained at a record level ▪ Q3 revenue o
Slide 3: 2026 Guidance: Revenue EUR 670–710 Million and EBITA EUR 32–36 Million
2026 GUIDANCE: REVENUE EUR 670–710 MILLION AND EBITA EUR 32–36 MILLION Third guidance upgrade Operational performance Project risk management Data centres and new project wins Our major projects progressed faster than Over the past few years, we have systematically Ongoing data centre projects incre
Slide 4: Leading Data Centre Infrastructure Contractor in Finland
LEADING DATA CENTRE INFRASTRUCTURE CONTRACTOR IN FINLAND MARKET SIZE* 1 EARTHWORKS Nearly EUR 1 bn per year *Annual market size of data centre- TECHNICAL related infrastructure works in Finland 3 until 2030, Kreate management's SYSTEMS estimate 2 SPECIAL FOUNDATION CONSTRUCTION 4 FOUNDATIONS AI-gene
Slide 5: Order Backlog Development in Q3
ORDER BACKLOG DEVELOPMENT IN Q3 Unannounced additions* 157 MEUR Q3 revenue 30 June 2026: 209.5 MEUR Announced additions: 30 Sept 2026: 885.8 MEUR 15 MEUR 848.5 MEUR • Kulosaari metro bridge Announced projects with renovation, Helsinki, 8 M€ undisclosed contract values: • Ouluntie level crossing • Fo
Slide 6: Strategy in Action During the Third Quarter of 2026
STRATEGY IN ACTION DURING THE THIRD QUARTER OF 2026 WE MUST: At Kreate, our people have the opportunity to develop, grow and take on more responsibility. This year, many of our own professionals have stepped into more 1 BE THE BEST PLACE FOR THE BEST INFRASTRUCTURE EXPERTS demanding roles, and we ha
Slide 7: Strong Infrastructure Growth Drivers for Years to Come
STRONG INFRASTRUCTURE GROWTH DRIVERS FOR YEARS TO COME RT: CLEAN TRANSITION INVESTMENTS BRING A NEW LAYER OF GROWTH TRANSPORT INVESTMENTS CRITICAL INFRASTRUCTURE INDUSTRIAL INVESTMENTS The state and municipalities invest in Investments in underground and above- RT: Identified investment potential* i
Slide 8: Strong Market and Positive Outlook
STRONG MARKET AND POSITIVE OUTLOOK DEVELOPMENT OF THE MARKET MARKET OUTLOOK OUTLOOK SUITABLE TO KREATE Q3/26 < 6 MONTHS > 6 MONTHS (MANAGEMENT ASSESSMENT) FINLAND Bridge construction Rock construction Foundation and engineering construction Special foundation construction Market situation Very stron
Slide 9: ~EUR 650 Million in Order Backlog for the Coming Years
~EUR 650 MILLION IN ORDER BACKLOG FOR THE COMING YEARS Order backlog Q3/24 – Q3/26, EUR million ▪ Order backlog at the end of September EUR 848.5 million ▪ Change from the end of June: -4% ▪ Change year on year: +250% ▪ New projects worth EUR 110 million were added to the order backlog in Q3. Most o
Slide 10: Record-High Revenue Driven by Efficient Execution
RECORD-HIGH REVENUE DRIVEN BY EFFICIENT EXECUTION KFS REVENUE AND INDUSTRIAL PROJECTS INCREASE THE PRIVATE SECTOR’S SHARE Revenue, EUR million Revenue distribution 1-9/2026 by business function and by customer group 121.1% 22.1% change from the same quarter in the previous year 10
Slide 11: Quarterly EBITA Exceeded EUR 10 Million for the First Time
QUARTERLY EBITA EXCEEDED EUR 10 MILLION FOR THE FIRST TIME ▪ Q3: Record-high profitability EBITA, EUR million ▪ EBITA EUR 12.9 (4.0) million, more than three times the comparison period ▪ EBITA margin 6.2% (4.2%) ▪ Q3 EBITA exceeded full-year EBITA for 2025 ▪ Profitability improved year on year for
Slide 12: Strong Operating Cash Flow in July–September
STRONG OPERATING CASH FLOW IN JULY–SEPTEMBER ▪ Operating cash flow: Free cash flow from operating activities, EUR million ▪ July–September: EUR 29.4 (0.5) million ▪ January–September: EUR 26.2 (15.8) million ▪ Cash flow was supported by higher EBITDA and a favourable change in net working capital. ▪
Slide 13: Net Debt Decreased During the Quarter
NET DEBT DECREASED DURING THE QUARTILE ▪ Interest-bearing net debt at 30 September 2026: EUR 27.6 Interest-bearing net debt (EUR million) and equity ratio (%) (20.2) million ▪ Compared with the previous quarter, net debt decreased mainly as a result of strong operating cash flow. ▪ The change in net
Slide 14: Interest-Bearing Debt – Maturity and Average Interest
INTEREST-BEARING DEBT – MATURITY AND AVERAGE INTEREST Loan portfolio on 30 September 2026, EUR million Repayment schedule for interest-bearing debt* on 30 September 2026, EUR million Average interest of interest- bearing debt, excluding lease liabilities recognised in the balance sheet 4.5 % *exclud
Slide 15: Key Figures
KEY FIGURES EUR million 7-9/2026 7-9/2025 1-9/2026 1-9/2025 1-12/2025 Order backlog 848.5 242.4 400.8 Revenue 209.5 94.7 492.5 220.7 315.2 EBITDA 16.6 5.9 33.0 11.6 17.9 EBITDA, % 7.9 % 6.3 % 6.7 % 5.3 % 5.7 % EBITA 12.9 4.0 23.7 6.3 10.2 EBITA, % 6.2 % 4.2 % 4.8 % 2.8 % 3.2 % Operating profit 12.9
Slide 16: The Future Is Built Today
THE FUTURE IS BUILT TODAY
Slide 17: Kreate's Shareholders on 30 September 2026
KREATE’S SHAREHOLDERS ON 30 SEPTEMBER 2026 SHAREHOLDERS BY SECTOR Shareholder Shares % of shares 1 Harjavalta Oy 1 783 689 19.85 2 Tirinom Oy 1 000 000 11.13 Public org. * Skandinaviska Enskilda Banken Ab (publ) 443 846 4.94 3 12,9 % Helsinki Branch 4 Ilmarinen Mutual Pension Insurance Company 425 0